First Call

First Call January 20, 2020

Jan 20, 2020

Thomas Thornton

  • European equity markets are softer. Follows mixed Asian trade and Friday's constructive Wall Street close.
  • S&P futures softer, though markets closed for Martin Luther King's holiday.
  • Overnight, China mixed. Korea outperformed.
  • Bonds firmer, with Treasury, yields 1 bp lower. Oil strengthens after Libyan militia shutting key export pipeline. Gold softer.
  • IMF trims down global economic outlook but tones down warnings
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